Pakistan’s mobile phone imports experienced a significant dip in the first two months (July-August) of the fiscal year 2024-25, marking around 20% decrease compared to the same period in the previous year.
Islamabad, August 27, 2024 – In a recent session of the National Assembly, the Minister for Parliamentary Affairs, Azam Nazir Tarar, clarified that mobile companies in Pakistan are not authorized to increase tax rates independently.
Karachi, August 26, 2024 – The Sindh government has suspended cellular phone services across all major cities of the province, including Karachi, in observance of the Chehlum of Hazrat Imam Hussain (RA).
Karachi, August 17, 2024 – Mobile phone imports in Pakistan have witnessed a staggering 77% decline on a month-on-month (MoM) basis in July 2024, according to data released by the Pakistan Bureau of Statistics (PBS).
Karachi, July 25, 2024 – The Federal Board of Revenue (FBR) has announced new sales tax rates on imported mobile phones, effective immediately. The revised tax structure, introduced through amendments in the Finance Act of 2024, aims to regulate the import and sale of mobile phones in Pakistan.
Karachi, July 21, 2024 – Pakistan has recorded an unprecedented expenditure of Rs 535 billion on the import of mobile phones during the fiscal year 2023-24, as reported by the Pakistan Bureau of Statistics (PBS). This marks a substantial 291 percent increase from the Rs 137 billion spent in the preceding fiscal year.
Pakistan’s mobile phone manufacturers have petitioned the government to ban the import of used phones.
Pakistan has recorded a remarkable 55% growth in mobile phones manufacturing year-on-year (YoY) in May 2024, according to the latest data from the Pakistan Telecommunication Authority (PTA).
Corning has introduced its latest innovation, Gorilla Glass 7i. This new glass variant is specifically designed for value and intermediate devices, promising enhanced durability and scratch resistance compared to previous models.
PkRevenue.com – The Federal Board of Revenue (FBR) has proposed levying a sales tax on mobile phones assembled in Pakistan within the upcoming budget for 2024-25.